Basic Attention Token Price Prediction Today: Daily (BAT) Value Forecast – July 29
- The price will continue its range bound move below the EMAs , if the bulls fail to break above the EMAs.
- Meanwhile, the BAT /USD pair is still in a range-bound move between the levels of $0.30 and $0.40.
BAT /USD Medium-term Trend: Ranging
- Resistance Levels: $0.36, $0.38, $0.40
- Support Levels: $0.32, $0.30, $0.28
Last week the price of BAT was trading below the 12- day EMA and the 26-day EMA. On July 26, the bulls broke the EMAs but the bulls could not sustain price above the EMAs. The bears has pulled back price below the EMAs. The price will continue its range bound move below the EMAs , if the bulls fail to break above the EMAs.
Meanwhile, the BAT /USD pair is still in a range-bound move between the levels of $0.30 and $0.40. The 12-day EMA and the 26-day EMA were sloping horizontally in between price range. The crypto’s price is also characterized by small body candlesticks like the Doji and the Spinning tops. The candlesticks described the indecision between the buyers and the sellers at the current market price.
Their continued presence will determine the duration of the range-bound movement. Meanwhile, the BAT price is in the oversold region of the daily stochastic but above the 20% range. This indicates the price is in a bullish momentum and a buy signal.
BAT/USD Short-term Trend: Ranging
On the 1-hour chart, the price of BAT is in a bearish trend zone. The 12-day EMA and 26-day EMA are sloping horizontally. In the lower timeframe, the BAT price is in choppy price action. The resistance and support level can not be determined. Meanwhile, the BAT price is in the oversold region of the daily stochastic but below 60% range. This indicates that price is a bearish momentum and a sell signal.
Live Basic Attention Token (BAT) Price:
1 BAT/USD =$0.7180 change ~ 5.15%
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